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Henry Ford's Last Surviving Grandson Dies at 88

William Clay Ford, the last surviving grandson of Ford (NYSE:F) founder and automotive innovator Henry Ford, died Sunday at the age of 88.The Dearborn, Mich.-based automaker said Ford died at his home from pneumonia. He retired from the company's board in 2005 and became director emeritus after a career that spanned 57 years. His son Bill Ford Jr., the current executive chairman of Ford Motor Co., was CEO at the time.Ford previously served as chairman of the car manufacturer's design committee, a position he held for 32 years. He also held various posts on the board of directors."Mr. Ford had a profound impact on Ford Motor Company," president and CEO Alan Mulally said. "While we mourn Mr. Ford's death, we also are grateful for his many contributions to the company and the auto industry."The company said its U.S. locations will lower their flags to half-staff for 30 days in memory of Ford.Ford was also known as the owner of the NFL's Detroit Lions. He acquired the team in 1963 and most...

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  1. William Clay Ford Dead At 88

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